Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Coca-Cola (KO) reported comparable earnings per share for the first quarter that beat the average analyst estimate.
- Shares in OpenAI partners such as SoftBank Group Corp. and Oracle Corp. are falling after the Wall Street Journal reported that the AI startup recently failed to meet targets for sales and new users, reviving worries about spending ahead of tech earnings.
- General Motors (GM) raised its profit outlook for the year by $500 million, saying its pickups and sport utility vehicles continue to sell even as gasoline prices soar due to the war in Iran.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Barclays traders struggled to capitalize on a volatile quarter with returns falling short of their US rivals.
- Novartis’s profit fell more than estimated and sales unexpectedly declined in the first quarter as some of the drugmaker’s best-selling medicines were hit hard by generic competition.
- WPP reported an organic sales decline of 6.7% in 1Q, higher than more pessimistic analyst forecasts.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- BP said earnings jumped in the first quarter as spiraling energy prices and market turmoil triggered by the Iran war led to a surge in profits from its oil trading operation.
- Barclays traders struggled to capitalize on a volatile quarter with returns falling short of their US rivals.
- Novartis’s profit fell more than estimated and sales unexpectedly declined in the first quarter as some of the drugmaker’s best-selling medicines were hit hard by generic competition.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

- Micron Technology (MU) and Sandisk (SNDK) are both being started with buy ratings at Melius Research, which sees strong long-term tailwinds for the companies due to AI. The firm has a two-year price target of $1,350 for Sandisk, and a $700 target on Micron. MU gains 3.4%, SNDK is up +2.5%

- Veradermics (MANE) shares jump as much as 44% to hit its highest level since its February IPO, after the drug developer said its experimental oral therapy for male pattern hair loss met all primary and key secondary endpoints

- Walt Disney (DIS) shares fall as much as 0.4%, erasing an earlier gain, after President Donald Trump said the company should fire Jimmy Kimmel.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:

- Microsoft (MSFT) and OpenAI have agreed to drop the software giant’s exclusive right to sell the startup’s AI models, opening the door for the ChatGPT maker to pursue deals with cloud-computing rivals like Amazon.com Inc.

- United Airlines (UAL) Chief Executive Officer Scott Kirby confirmed he approached American Airlines Group Inc. and that talks have ended, laying out the virtues of a merger that he said could have strengthened corporate America and won approval from regulators.

- Verizon Communications (VZ) surprised analysts when it reported a gain of mobile subscribers, an early signal that new Chief Executive Officer Dan Schulman’s strategy for recapturing market share is already paying off.
See omnystudio.com/listener for privacy information.